Other utilities being terrified is a feature, if it prevents the reckless disregard for public good we've seen at PG&E. Private utilities live by the grace of t

Other utilities being terrified is a feature, if it prevents the reckless disregard for public good we've seen at PG&E. Private utilities live by the grace of the public, for the service of the public. Fail the public, get replaced. The state is blessed with the ability to push water uphill via the taxbase coffers, if no reasonable rate is viable.